Broadcom: Despite 2 Fearful Narratives, Big Healthy Upside

A fearful narrative about Broadcom's software business (VMware) was already inappropriately holding the share price of this AI chipmaker too low. And now the accelerated post-election AI-selloff has turned the shares into an absolute gift for long-term investors. After reviewing the powerful business growth trajectory, this report considers the valuation and risks before finally concluding with a strong opinion on investing in Broadcom, and other top AI chipmakers, at this point in the market cycle.